SpringVest Wealth Management LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 5,830 shares of the company’s stock, valued at approximately $523,000.
Several other hedge funds and other institutional investors have also made changes to their positions in SPYM. Financial Insights Inc. grew its position in shares of State Street SPDR Portfolio S&P 500 ETF by 2.4% during the third quarter. Financial Insights Inc. now owns 555,766 shares of the company’s stock worth $49,886,000 after buying an additional 13,152 shares in the last quarter. William Mack & Associates Inc. lifted its stake in State Street SPDR Portfolio S&P 500 ETF by 43.0% in the third quarter. William Mack & Associates Inc. now owns 13,478 shares of the company’s stock worth $1,210,000 after acquiring an additional 4,055 shares during the last quarter. IMG Wealth Management Inc. grew its holdings in State Street SPDR Portfolio S&P 500 ETF by 26.2% during the 3rd quarter. IMG Wealth Management Inc. now owns 74,726 shares of the company’s stock worth $6,707,000 after acquiring an additional 15,517 shares in the last quarter. Latitude Advisors LLC grew its holdings in State Street SPDR Portfolio S&P 500 ETF by 0.7% during the 3rd quarter. Latitude Advisors LLC now owns 61,063 shares of the company’s stock worth $5,481,000 after acquiring an additional 404 shares in the last quarter. Finally, Semitam Bonam LLC grew its holdings in State Street SPDR Portfolio S&P 500 ETF by 16.1% during the 3rd quarter. Semitam Bonam LLC now owns 63,011 shares of the company’s stock worth $5,656,000 after acquiring an additional 8,741 shares in the last quarter.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of NYSEARCA:SPYM opened at $90.90 on Thursday. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $74.06 and a 52 week high of $92.00. The company’s 50 day moving average is $90.33 and its two-hundred day moving average is $85.66.
About State Street SPDR Portfolio S&P 500 ETF
The Tradr 2X Long SPY Monthly ETF (SPYM) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, seeking to provide 2x the exposure to the monthly price return of the SPDR S&P 500 ETF (ticker: SPY-US) through swap agreements with major global financial institutions. SPYM was launched on Sep 3, 2024 and is issued by Tradr.
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